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-new day, thursday january 17th, i am dave clark. >> thank you for waking up with us, steve it sounds mild through the weekend. >>> high temperatures are warming up as well and inland it is kind of a damp cold, 20s in livermore, fairfield is close, santa rosa 28, redwood city 34 and it does feel warmer coast and bay and we will be on the high side with some lower 60s. here is sal. >>> driving through it is getting more crowded through antioch and pittsburgh and also the bay bridge, they cleared the stalled vehicle but traffic is still slow and metering lights are on and we will have more of an update coming up in a few minutes. >>> the outbreak of the norovirus has hit the county. it hit an elementary school just last week, paul has more on what you can do. >> reporter: this has not been confirmed yes, and it is a suspected case of norovirus. this is the school behind me and it is burton valley elementary school and the possible outbreak is one of the largest outbreak in contra costa. students were absent on friday and that's ten times the numbers of absences on a typical day. many student
cook, steve said it was going to be a little warmer and it felt warmer not warm but warmer. >> i am concerned because i don't think my computer is loaded. we do have some 20s, 30s and 40s and now patchy fog is forming and more on temperatures by the coast, here is sal. >>> things look good as you drive to the tunnel and on the other land side and also 237 heading west is also good as well. here is more at the desk. >>> the norovirus is making its way back and last friday, dozens of students in lafayette became sick. health officials believe the highly contagious norovirus is to blame. according to the contra costa times the norovirus is one of the worst in the county. washing hands can help prevent you from getting sick. some say it is not too late to get a flu shot. they say it could be one of the worst flu seasons in years. doctors are still encouraging everybody to get vaccinated but it becomes up to -- it takes up to two weeks to become affective. >>> it happened just a couple of hours ago with a troubled jet. they announced they were grounding because of safety concerns. this a
. let's check mayor weather and traffic. steve is right here. we can all say a collective thank you to steve. he's telling us the weather is changing. >> i was going to say do i owe you money? >> i'm glad you have such control. >> i do. i put the order in. we do have a nice pattern coast and bay. temperatures really warmed up but 27 in santa rosa to 49 in san francisco. i mean just tremendous difference. livermore is 29. oakland is 40. it will be in the 50s and 60s to even upper 60s near 70 toward santa cruz. here is sal. >>> steve, we have a problem on the peninsula i will get to in a moment. on the golden gate bridge the traffic does look good heading south. i want to show you the maps here if i can. there is a big problem on the peninsula southbound 280 at wood side road. car and several deer on the road collided. injury crash. and now the freeway is almost entirely blocked. you can take 101 as your alternative. we will have more on this coming up in a few. let's go back to the desk. >>> last night firefighters in hayward discovered an unresponsive woman after an apartment house
and longer. if you are driving that stretch, give yourself the appropriate amount of time. let's go to steve. >>> thank you, sal. some areas near the coast are closes to 50. others inland are in the -- are close to 50. others inland are in the 40s. also patchy fog around here. a little haze in the air but an easterly breeze means milder temperatures. i've had about five or six tweets saying it's a lot warmer. high pressure still holding, a couple of series of deep systems, gulf of alaska down to hawaii trying to break through. there is a hint next thursday that we could get a dip in the jet stream. fog, cold, it will be warmer. we'll be getting more 50s. it's been a gradual warmup over the weekend. big difference in some of the temperatures. 28 novato, 27 santa rosa. i saw a lot of 30s and even 40s in marin county, some of the higher elevation, woodacre, 45. mill valley, 43. half moon bay, 46. but not far away i've seen 50. san jose, 34. hayward says a little bit of patchy fog and 36 degrees. offshore breeze mainly, oakland has one and one at half moon bay. inland, it's still going to stay i
about winn? nonetheless, steve wynn has put a lot of resources into macau, the vegas of china. things are getting better over there. i think wynn's a buy. then there's companies like boeing, which rallied despite terrible press. all of these companies that expanded rapidly around the globe and they have been roaring despite no research-oriented news that would make you feel all warm and fuzzy about the numbers. you can even consider dell part of this trend. yes, dell, the big service company that has been hurt by this rapid expansion at a time when no one trusted overseas markets. now dell might actually go private. ♪ hallelujah and it would make sense because half of dell's revenue comes from overseas. big companies with exposure to europe is doing terrifically. both have been kept back by worries. both ceos have said over and over, it's an issue. how about ford and general motors? have you seen these two? ford may have the best chart in the book. it's screaming. company doubled its dividend and getting european losses under control while china and latin america turned the corner.
pam cook. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and more minutes ahead, now let's go back to the desk. >>> a manhunt in oakland for two suspects who shot and wounded a police officer. s.w.a.t. teams are on the scene where the shooting happened shortly before 6:30. ktvu channel 2 morning news alex savage is at the scene and tells us what led up to the shooting. >> reporter: these men apparently confronted an undercover police officer and one of them opened fire on that officer. they continue to search for those two other armed men who escaped and as you can see the neighborhood remains closed. the s.w.a.t. team is out here still but we do get the since the search is
, steve ballmer and larry paige respectively, they're one good night's sleep away from getting this right. microsoft has the products it needs to make itself successful. they're just doing the wrong things. the way i look at this is that the ones who have the upside surprise opportunity are microsoft and google. because the potential is totally there and they're very smart people with lots of resources. >> rose: and lots of money. >> and every incentive to get this right. if microsoft does nothing you can see what's going onith p.c.s. that business is very profitable. >> rose: would it have been different if bill gates had been running microsoft? >> i have no idea. i doubt it. to me i think they got there the honest way, through hard work. there was a professor at harvard named clayton christenson who wrote a book -- >> rose: oh, yes. >> he wrote the greatest business book i've ever read and the basic premise is that if you are supremely successful it's hard to aboon don the things that made you successful and that's all we're seeing at microsoft. windows made them what they are. and it's
inaugural address. one thing was almost missing, though. jobs. joining us with more is steve moore. he laid out his agenda, a whole host of things. why not focus on jobs. does he think that this recovery is so on track that jobless rate will continue to fall, steve? >> i was struck by that also. in the whole speech, he did not talk about jobs. he did not talk about private business and entrepreneurs. it was a very pro-government speech. the president has a big challenge ahead. we still have a near 8% unemployment rate in this country, chipolte, over the last four years of this suppose it recovery. i do not think he mentioned the word jobs in that entire speech. dagen: three times. we did a quick count. >> i stand corrected. dagen: if you go through the list of things that he covered, that he wants to tackle, i said gun control at the top, immigration, climate change, equal pay for women, i could go on, but if he focuses on this, what does that do to the economy? what does that do to jobs? if you look at the broad overall agenda, i do not think a lot of this helps the economy much and i do n
. these guys, they remind me of steve jobs used to call these press conferences. and you say, you know ha he's going to do? he's going to unveil x and it turns out to be 10x. is mark zuckerburg capable of that amount of surprise? i don't know. >> he actually came up with the goods. >> it's so exciting. >> i have no idea, all i know is they've got a lot of shareholders who are much happier than they were not long ago. one harkens back to the week when it went public. think of morgan stanley, the criticism that firm took as a result of that ipo. the ceo said give us a year, let's see where things stand. maybe he'll end up looking better. >> would you use a video messaging product on facebook if we got that? >> well, i wouldn't. >> are you on facebook? >> no, i am not. >> that would be a bainier. >> however, i'm sure many would. >> i think so. 1 billion users. >> some sort of a voiceover ip, skype, they would go there, microsoft bought skype, or at least had looked at it, would they go down that road. i don't know. we'll see. >> they've done a good job of keeping the lid on it. nothing's leaked
. >> in today's "closing bell" exchange. carol roth author of "the entrepreneur equation" and steve saks and michael from janney montgomery smith. good to have you here. let me start with you, scott. what do you think about this move? are we going to get more of this? is this just the beginning, or are we in for pullbacks considering what could be coming to washington the next couple of months? >> i think pullbacks are norm a. let's face it, the last couple of months have been a big party. ben bernanke invited us and i don't think the punch bowl goes away. >> the fed is the key issue right now. does that trump the fundamentals, all the earnings we're getting, you pay more attention to the fed? >> you think we have low growth and quite frankly investors are starved for air. they have been holding their breath for four years. there is no oxygen in any other market. there's no place to go for yield. therefore, essentially i think ben is terroristing it to the point to where they got to jump into risk assets and that's what we're seeing. >> david, does that make you bullish as well? >> david
anything to do with steve jobs' death? >> we're not seeing as much innovation, folks will be asking tomorrow is tim cook going to bring the next amazing wow product to market? that's not fair, that's not his role. that it's what steve jobs did, a visionary inventor. it's rough to say, cook, you should be like jobs. he's a different person, by all indications. the apple television is what we hear about, still very much in humor phase, that could be the next best hit. >> that's really what apple needs to bring it up is give us something we've never seen before. >> i think so. that's harder now because technology has come so far, there's a lot of great players in the game. it's not as easy as it was to wow the world with something we've never imagined. >> more competition now. >> because they have all learned from apple, give them credit for that. >> brian, thanks so much. remember, you can find more of brian cooley's segments on our website, cbssf.com/mornings. thank you. >>> hundreds of blockbuster stores are about to be closed across the country
't know if it's going to be a one more thing moment when we grew accustomed to with steve jobs. but mr. zuckerberg has left the stage with what he calls graft search, only available in english today. much more work to be done on that. we've seen facebook sell off in the wake of the news. it's interesting in the context of the conversation youer having sue gives moto the very well respected text blog. they have a headline out that says facebook just declared war on google. meet your new search engine. that's how at least that influential blog is spinning the story and it plays to what david was mentioned. >> yeah. you keep stressing this could be good for microsoft as well. why? you were explaining there was a default. >> microsoft has been a source of it. they have a very close partnership which continues to improve, by the way. so, you know, they haven't described all the details of how this is going to work, but if you're going to go to the search box on facebook looking for what your friends like in laguna beach or what surfers like and you don't get what you're looking for, you're
is there. >> wall street is it watching sac capital, steve cohen, one of the largest hedge fund managers out there, the company and he reportedly disclosed that the firm received a wells notice from the sec which means it could be sued for securities laws violations. is that true? >> i -- >> can you comment? >> i will not comment on any investigation but as you bring up insider trading i will note over 160 cases in the last three years. nearly $900 million in illegal gains or losses avoided we have charged. so another area we have been extremely vigorous and active. >> how many insider trading cases are currently in the pipeline? are there dozens more you're looking into, is that fair to say? >> i don't want to put a number on it and remains a high priority and active area. >> what about in high speed trading, high frequency trading? the sec is concerned about that. are you looking into any potential securities law violations with high speed trading or high frequency trading? >> look, we're looking at a sort of number of actors and transactions in the market structure case. we brought ca
in chicago. steve liesman is in studio. steve, one thing on the daily news, charlie sheen is going to be a grabbndfather. isn't he 47? >> anthony weiner. anthony weiner still spending money out of his campaign account. >> that's legal, right, in the state of new york? >> it is, lawyers and fees. >> among other things. if i see an article about anthony weiner, i read it because of the bell. >> joe is stalling for time. we have 31 seconds. >> i could have asked you a question. i'm saving viewers from one of your answers to a question. i'm kidding. what are we looking for in the cp cpi. >> i will tell michele. i'm note talking to you, joe. it's supposed to be unchanged, food and energy, inflation for the miami is not the problem, if it's the problem now. >> because we're winning! ric rick. >> here we go. survey says unchanged on headline, just as steve pointed out, as expected. strip out the all important food and energy, we're up .1, we look at year-over-year, headline up 1.7, a tenth lighter than last year expectations of 1.8. just spot on year-over-year, food and energy at 1.9. tha
escaped is speaking out. she says her husband, steve, hid from terrorists in his office, then made a run for it. >> was there in hiding for about two snafl days, was within two, three feet of some terrorists at times, some of his friends didn't make it. there are a couple times when he said he truly did think he was going to die. >> frightening. officials say 38 hostages were either executed or killed in rescue attempts. >> abc news is getting a look at hay report showing many foods we i buy may not be what we're paying for. they're filled with cheap substitutes. >> it's what we expect as shoppers. >> i think anything put in there should be listed on ingredients label. >> but a new troll down the grocery aisle by a nonprofit usp, discovered rizing numbers of fake ingredients in products from olive oil to spices to fruit juice n a new data base to be released tomorrow and obtained by abc news this morning, usp warns consumers the fda and manufacturers that the amount of food fraud is up 60% over last year. among the most-popular target is pomegranate juice, which is often diluted with gra
the tone. we have a panel here in place to analyze the speech. we have "the weekly standard" writer steve hayes, kiersten powers and kiersten, first to you. this day and moment and president. >> he wants to celebrate this incredible nation and this is really a day for everybody, not just for people who support barack obama. as an american watching this, it's a great day to watch the president of the united states being supported. megyn: especially during the bloody political battles. everyone is there, it is peaceful, it is uniquely american. >> i was down there in the crowd earlier and people are so top of it. i thought how wonderful it is. super so many people, it is inspiring. inspiring in terms of barack obama's personal story. also i think for people to say, in our country, despite the division and anger and political faction that we see almost daily, we come together and celebrate democracy. all of us go to the polls, all of us have a vote. the last time around the president spoke about accountability and responsibility on a freezing day four years ago. this time around, i think the
stay there and get some more commentary on these numbers. steve liesman is here on set. john writing is chief economist at rdq economics. steve a lot of numbers to run through. >> yeah. >> retail sales a little better than expected. bad news is the empire state numbers. >> we've had weakness there, and the weakness remains, and the problem i'm having right now, becky, is the drawing an income chart of the two guys on my side and this big dip that would happen with me in the middle here. i'm incredibly focused on that. >> leverage. >> i'd be part of the mean. vehicle sales had a good month. this is the number that will give us the final tally on the christmas sales. and at least for a moment, settle the debate. that's before the revisions. over what kind of christmas it was. and it's not looking too shabby. 0.4 revision for november. trying to look at the core sales were 0.6. so that's not too bad, either. and then 0.6 as well in december. the ppi under control, 1.3% year over year. rick said. and maybe just bring in john riding here. john, two things. one is the how good a christmas
. let's get to steve liesman who has a report on the debt ceiling. >> andrew, thanks. we want to look at the economic effects of the debt ceiling. kind of in context with what each party is saying about it and how investors might put it into a matrix to make up their minds about what is really going to happen with the question. is it a real tragedy or a soap opera? if you look up here, we've graduated this there blue to red, meaning democrat on this, republican on that side. you know, the democrats are starting to say if you go over the debt ceiling, you hit it, calamitous. and you have other words from damaging to manageable, republicans saying we can do this for awhile and it will be okay. i want to look at specific issues here. democrats say any missed government payment is a default. republicans say, no, only when you don't pay the interest on the debt. how about on the issue of can the government prioritize payments so that the incoming cash equals the outgoing cash? really the republicans -- i'm sorry, democrats saying no authority to do this and really no ability to program our
, it depends which one has the bigger problem at any point in the day. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewe
there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got the bazookas there. >> yes, we do. yes, we do. >> it's big. >> it is big. a couple of years ago is when the arab springs started, we were in davos. >> that's right. >> all right. microsoft's there. bombers under fire again. he's under fire constantly. >> it's been a long time. >> let's get a look at the opening bell here in a few seconds. the s&p, as you know, an interesting day, a bit of a run-up here on friday afternoon. let's see how that translates into today's session. at the big board, celebrating the ipo which happens on friday. nasdaq, another ipo from friday, a global enterprise center provider. among the more interesting stories in the papers today, david, deconstruction of what led to the autonomy. interesting color. >> those are always fascinating to read. great reporting by the journal. just in terms of understanding the decision-making, or lack thereof, the directors of the ceo, the pressure he felt he was under. and
be receptive? steve more of the "wall street journal" senior economic writer joins me on the phone. what did you think about that? >> great to be with you. you know, the problem for chuck schumer is not so much getting republicans to get used to it. what about all those red state democrats in the senate. those are the people that are probably hyperventilating right now over what chuck schumer said if you look at the l.a. tour map, there are six, seven, or eight red state democrats that face reelection in 2014. melissa, i don't think too many of them are relishing the idea of voting for another tax increase. i wonder whether the chuck schumer, harry reid budget could pass the senate, even with just democratic votes because you have so many people that are up for reelection that are going to be very reluctant to stick their necks out and vote. by the way, as you know, we just had a $600 billion tax increase in the fiscal cliff negotiations. plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a
zuckerberg taking a page out of the steve jobs playbook with highly touted mystery event. did the announcement live up to the hype? analyst rob enderle is here next. ♪ . >> the write did -- the wait is over. mark zuckerberg revealed his loaning awaited project. shibani joshi is following the event. describe the new search technology facebook is day you booing. >> i want to show you what is happening to facebook shares. they are at session lows. down 1.6%. buy on the rumor, sell on the news is exactly what investors are doing right now. we didn't get a phone. we didn't get anything else that we thought about. some video ads. what we're get is a new search feature on facebook that does not compete with google. so i want to show you what is happening with google shares. google shares took a dip while, facebook shares took a dip while google shares went upwards on the news. people say this is less a direct competitor with google and more a direct competitor with linkedin or even yelp. linkedin shares are also down on the news. here is basically what the company announced. a new
. it was just 15 months ago the founder and ceo steve jobs died but apple's current ceo, tim cook, was defiantly confident in a recent interview with nbc's brian williams. >> don't bet against us, brian. don't bet against us. we are constantly innovating, we are constantly looking around the corner. we constantly want to make the world's best products. >> reporter: it is a very tough field. ask blackberry. the shelf life for anything tech cool is about three to six months and globally samsung is expected to sell more smart phones this year than apple. cnbc's tech reporter john forte. >> i would say samsung is achieving a level of cool they hadn't had before. whether they're able to steal apple's thunder remains to be seen. >> reporter: apple versus the android system. >> apple was just a lot easier to use for me. >> i have a samsung galaxy ii. i love it. >> i'm more on the google side of things. >> apple holds a lot of cache with me. >> reporter: cache and cool, when it comes to gadgets, two very important factors. you hear it over again. innovation, innovation. that's how apple stayed on top. s
Search Results 0 to 31 of about 32 (some duplicates have been removed)